***The Report Below is for home owners in hardship who are wondering "How To Short Sale A Home". Confused real estate agents should go here.

Wells Fargo Short Sales

We have set up this forum to provide Wells Fargo Short Sale Information and offer short sale help to Wells Fargo borrowers and agents. Wells Fargo seems to be one of the more consistent lenders to work short sales with. There are several specific Addendums that are required with every Wells Fargo Short Salethat are included below. Those are the Wells Fargo Short Sale Arms Length Affidavit, the Wells Fargo Listing Addendum, Wells Fargo Contract Addendum and a Wells Fargo Contract Extension Addendum.

Sellers Can get money back for competing a short sale with Wells Fargo, in many cases $3,000 cash back with the HAFA Short Sale Program through Wells Fargo.

Do you qualify for a Wells Fargo Short Sale? There is no cost involved or out of pocket expense for borrowers in financial hardship to work with one of the top short sale agents in the country. The first step is to find a local Wells Fargo Short Sale Realtor - Visit www.Short-Sale-Specialists.com!

Discussion Forum

I am the selling agent for my son on a WF short sale. Under contract 6/21/13, 8/15 told file in line to be reviewed by negotiator, 8/22 appraisal ordered (which came in $2000 over our offer), 9/26…Continue

Trying to reach out for assistance. Has anyone dealt with the Wells Fargo 512 clients division? Apparently, they handle the old World Savings loans that are now being serviced by Wells Fargo. I…Continue

Short sale offer of $185k made by buyer.This counteroffer just received from Wells Fargo through Equator Workstation.What will the bank accept from the buyer?If there is mold remediation needed to be…Continue

We have a Wells Fargo Short Sale that is Stalled. Negotiator has Countered Several Times approximately $50,000 higher than the Sold Comps! Balance owed to Wells is Far Less than wherethe Counter is…Continue

I am trying to find a WF short sale field manager for the Sacramento Region. I have a bizarre short sale. WF is having problems with it. The person died, and now it's in the hands of a successor…Continue

My clients sent in the Approval to Participate form with our first offer on their home. Apparently it got lost in the mail because WF says they never received it. So they closed out the file and we…Continue

I do many short sales each year. My specialties is short sales, probate/estate, pre-1930 homes.Right now I have a short sale of a condo, my seller inherited the property from his mother. The loan is…Continue

I am working on a short sale with Citi, the investor is Wells-Fargo, and Citi is telling me thatthe investor will not allow a short sale in the redemption period. I triedcalling Wells directly since…Continue

I received 2 new tasks in Equator, (Supply Listing Info & Enter Marketing Plan). I opened the task to confirm it wasn't simply the task name being recycled: these were identical tasks to the last…Continue

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I just recently received a notice from Wells Fargo that they want to net $253,000 on a property that I have an offer on for $140,000 and obtaining a rehab loan for the additional $30,000 that it would take to hook up to sewers. At the final end, it would then be high retail for the property. The property does not comp out even close to $253,000. This is MORE than what the owner purchased it for in 2007 (at the peak of the market). Not only that, the property now has a failed septic system and cannot be repaired as the area has sewers available now. Property cannot be transferred without a certification from the State. The buyer would only come up $10,000 so Wells Fargo closed out the file. Anyone with expertise that can give me some suggestions?

Does anyone have a good management level contact with WF? Major issues with a short sale! Every call to WF - different answer. Very frustrating. Thanks. Please email me privately at debofaz01@gmail.com Thanks

I hear there is a Wells Fargo Preferred Agent Program. I qualify per Mike's webinar today. My Well's Fargo loan officer doesn't know who to contact though to forward his referral. Any ideas how to proceed are appreciated. Happy Holidays.

I would love to hear the stories from Paddy. I have experience borderline trespass and breaking and entering in my short sales in Denver. Giving sellers foreclosure and short sale advice should include the consequences of moving out and what can be done about it.

Celeste - here is the info on one of the Home Tender companies. I am presently using them in a listing that I have since the renters moved out and the sellers live out of the country also. It is wonderful to know that the property is being well taken care of. This company is very on top of things.

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